Welspun Corporation, a leading manufacturer of pipes and infrastructure solutions, saw its share price surge by 9% on March 20, 2025, hitting a 52-week high. The surge comes on the back of strong investor confidence, fueled by new order inflows worth approximately INR 2,400 crore for natural gas pipeline projects in the USA. The company’s total order book now stands at INR 20,000 crore, reinforcing its dominant position in the oil and gas market.
Welspun Corporation Limited, an Indian multinational company headquartered in Mumbai, Maharashtra, saw its stock price jump by 9% in intraday trading, hitting a 52-week high of INR 889 on the Bombay Stock Exchange (BSE). The company, a leading manufacturer of large-diameter pipes for oil and gas transmission, has been gaining investor confidence due to strong order inflows.
The stock opened at INR 814 on the BSE, slightly above its previous close of INR 810, before surging to an intraday high of INR 889. This marks a significant recovery for the stock, which had touched a 52-week low of INR 441 in June 2024. Over the past five years, Welspun Corporation’s stock has delivered multibagger returns, surging by 1,109%.
Strong Order Book Drives Growth
The recent surge in Welspun Corporation’s stock price follows the company’s announcement of securing new orders worth approximately INR 2,400 crore for supplying coated pipes for natural gas pipeline projects in the United States. This development has boosted the company’s consolidated order book, which now stands at around INR 20,000 crore.
Welspun Corporation, which operates in over 50 countries, has built a strong reputation in the oil and gas sector, particularly in the USA. The company stated that these new orders reinforce its market leadership and demonstrate the trust that global customers continue to place in its capabilities. The execution of these orders is expected to take place during the financial years 2026 and 2027.
The company remains committed to delivering high-quality products and exceptional service to its global clientele. Analysts believe that Welspun Corporation’s strong order book and market position could drive further growth in its stock price. With demand for natural gas infrastructure rising globally, Welspun Corporation is well-positioned to benefit from increased investment in energy transportation projects.
As investors react positively to the company’s growth trajectory, Welspun Corporation continues to strengthen its foothold in the international pipeline market, reinforcing its position as a key player in the oil and gas sector.
